The impact investing landscape in Europe is rapidly expanding, with a growing number of funds focused on generating positive social and environmental outcomes alongside financial returns. Here are some of the largest impact investment funds in Europe:

  1. Mountain Cleantech Fund II (Denmark): With an AUM of €100 million, Mountain Cleantech Fund II is one of the largest dedicated cleantech impact funds in Europe. It invests in early-stage companies developing innovative solutions to climate change and environmental challenges.
  2. Nesta Impact Investments 1 LP (United Kingdom): Managed by Nesta Investment Management, the £25 million Nesta Impact Investments 1 LP is focused on early-stage companies addressing social and environmental issues through technology and innovation.
  3. Oltre Venture (Italy): Oltre Venture is an Italian impact investment fund with an AUM of €15 million. It invests in small and medium-sized enterprises (SMEs) driving positive social and environmental impact in areas such as healthcare, education, and renewable energy.
  4. SLM Silva Fund Ireland (Ireland): SLM Silva Fund Ireland is an Irish forestry impact fund with an AUM of €50 million. It invests in sustainable forestry projects that promote biodiversity, climate action, and rural development.
  5. Impact Bridge IB Deuda Impacto España (Spain): With a target size of €150 million, Impact Bridge IB Deuda Impacto España is the largest social impact fund in Spain. It focuses on debt financing for social businesses in areas such as rural development, labor inclusion, and sustainable agriculture.

These are just a few examples of the many impact investment funds operating in Europe. The sector is gaining momentum as investors recognize the potential to combine financial returns with positive social and environmental impact.